Lastminute.com sells for 1 billion dollars

‘Lastminute.com, the British online discount travel agency and icon of the former Internet boom, has agreed to be bought by US travel group Sabre Holdings in a cash deal worth 577 million pounds (843 million euros, 1.075 billion dollars)….’

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It can’t even be compared to the speculative dot-com times as it is much more that just a domain name. lastminute.com is a sucessful business with a proven revenue model that delivers profits. Congrats to those involved.